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The Indian aerospace manufacturing market is projected to nearly double from ₹13,051 crore in 2024 to ₹25,709 crore by 2030, with exports of aerospace components increasing to ₹58,838 crore in FY25.
India, Bengaluru, Belagavi, Tamil Nadu, Karnataka
Who
Indian aerospace component makers, Rossell Techsys, Aequs, Azad Engineering, Frost & Sullivan
What
The Indian aerospace manufacturing market is projected to nearly double from ₹13,051 crore in 2024 to ₹25,709 crore by 2030, with exports of aerospace components increasing to ₹58,838 crore in FY25.
When
Fri, 12 Jun 2026 00:00:00 GMT · 2h 20m ago
Where
India, Bengaluru, Belagavi, Tamil Nadu, Karnataka ·
Why
A 14-year aircraft backlog and government initiatives like 'Make in India' and production-linked schemes are driving significant growth and order books for Indian aerospace component makers.
The Frontline Impact
How this affects you
The rapid expansion of India's aerospace manufacturing market, projected to nearly double by 2030, indicates strong growth opportunities for local component suppliers and a shift towards India as a critical global manufacturing hub. This trend is supported by substantial order backlogs and government programs, though it also presents risks related to high valuations and execution.
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